WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Stock Price Breaks Above 50-Day Moving Average – Here’s What Happened

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $98.57 and traded as high as $98.99. WisdomTree U.S. Quality Dividend Growth Fund shares last traded at $98.79, with a volume of 436,300 shares changing hands.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

The firm has a 50 day simple moving average of $98.51 and a two-hundred day simple moving average of $95.50. The stock has a market cap of $16.87 billion, a P/E ratio of 22.97 and a beta of 0.81.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Hamilton Capital LLC grew its position in WisdomTree U.S. Quality Dividend Growth Fund by 0.6% in the 3rd quarter. Hamilton Capital LLC now owns 7,246,278 shares of the company’s stock valued at $704,628,000 after buying an additional 45,210 shares in the last quarter. HighTower Advisors LLC acquired a new position in WisdomTree U.S. Quality Dividend Growth Fund during the 3rd quarter valued at about $284,578,000. Cetera Investment Advisers raised its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 5.7% during the 1st quarter. Cetera Investment Advisers now owns 2,589,945 shares of the company’s stock worth $227,501,000 after buying an additional 139,133 shares in the last quarter. Private Advisor Group LLC raised its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.5% during the 3rd quarter. Private Advisor Group LLC now owns 1,231,773 shares of the company’s stock worth $119,777,000 after buying an additional 17,851 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in shares of WisdomTree U.S. Quality Dividend Growth Fund by 3.9% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 1,188,304 shares of the company’s stock worth $115,551,000 after buying an additional 44,511 shares in the last quarter.

About WisdomTree U.S. Quality Dividend Growth Fund

The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks the performance of an index that invests in large- and mid-cap dividend-paying US common stocks with growth characteristics. DGRW was launched on May 22, 2013 and is managed by WisdomTree.